Why market is entering into short-term bullishness again and latter uncertainty or range?
We will do both technical and fundamental analysis in this video tutorial, and we will see how both analyses can affirm each other.
Refer to the related video link, I explained at greater length. Or you can always visit my YouTube channel.
Content:
. Why market is entering...
Can traders trust inflation data forecasts this week?
07 Feb – 12 Feb, 2022
This week’s trading takes place in the shadow of last week’s Non-farm Payrolls number, out-doing analysts’ expectations by a considerable margin. Non-farm Payrolls recorded 467K jobs added to the US economy in January vs an expected 150K gain. Investors will be cautious of this week’s...
After an 8-month downtrend, it appears Gold has made a bottom, forming a cup & handle; and today it made a breakout.
Next target is the 200sma which lines up with the downtrend. I would expect some consolidation or a pullback to $1770.
